The performance of "Hu-Gang Tong" on its first day of trading didn"t meet market expectation. The market generally regards it as “slow to warm up”. However, ANBOUND chief researcher Chen Gong believes such a performance is mainly caused by the integration issue of mainland and Hong Kong markets. “Hu-Gang Tong” provides a bridge for gradual synchronization of these two markets. The question is whether Hong Kong welcomes the gradual integration of capital markets of Hong Kong and the mainland. The performance of “Hu-Gang Tong” on its first day of trading may indicate that different sectors of Hong Kong probably have various opinions about this.
